News Snapshot:
As parts of the world brace for a second wave of Covid-19 infections, the economic impact on Asia will likely be “limited†as the region will remain resilient, according to a Credit Suisse strategist. “I think clearly Asia is going to be resilient in the face of a second wave in developed markets in the West,†said Dan Fineman, co-head of equity strategy for Asia Pacific at the Swiss bank. The U.S. is seeing a surge in coronavirus cases again in recent days, while some countries in Europe are also seeing another sharp spike. “We need to look at the...
